- Ethereum price on Wednesday is trading in negative territory by 7%.
- ETH/USD is vulnerable to further downside risks following pychological $200 breach.
- The next major zone of support is eyed down at the $150 price territory.
Spot rate: 183.16
Relative change: -6.90%
ETH/USD daily chart
- Should the bears force a breakout to the downside of $180, the flood gates to sellers could be opened.
ETH/USD 60-minute chart
- The price lost much ground following near-term ascending trend line breach.